Overview
What is Better Business Bureau Inc?
Better Business Bureau Inc, specifically the Boston chapter, is a benevolent, independent non-profit organization headquartered in Boston. Their primary mission is to promote and establish a strong ethical bond between businesses and the public, fostering trust through voluntary self-regulation. They achieve this by providing consumer and business education services, striving for excellence in all their endeavors. Essentially, Boston Better Business Bureau acts as a bridge, ensuring businesses adhere to ethical standards and fostering a positive relationship with the public.
Official website here: www.bbb.org
Is Better Business Bureau Inc legitimate?
Better Business Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Better Business Bureau Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,048,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,290,443
For more financial information, click here
Official website here: www.bbb.org
What is the mission statement of Better Business Bureau Inc?
The Better Business Bureau Inc's mission is centered around promoting and fostering ethical relationships between businesses and the public. This is achieved through voluntary self-regulation, offering consumer and business education services, and striving for excellence in these areas. The organization operates on a principle of upholding high standards for fair and honest business behavior, acting as an unbiased, non-profit entity.
Official website here: www.bbb.org
Who is the CEO of Better Business Bureau Inc?
Kevin J Sanders is the President & Ceo of Better Business Bureau Inc. The CEO's salary of Better Business Bureau Inc is $482,592 and their total compensation is $537,628.
Official website here: www.bbb.org
What is the revenue of Better Business Bureau Inc?
Better Business Bureau Inc's revenue in 2023 was $5,522,197.
Official website here: www.bbb.org
Who are the executives of Better Business Bureau Inc and what are their salaries?
The average compensation at Better Business Bureau Inc during 2023 was $66,823. There are 35 employees at Better Business Bureau Inc.
Here are 24 key members and their salaries (Better Business Bureau Inc's CEO's salary is $482,592 and their total compensation is $537,628):
- Compensation: $482,592
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- Other: $55,036
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- Compensation: $208,542
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- Other: $44,657
- Compensation: $211,287
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- Other: $46,238
Official website here: www.bbb.org
Where can I find the form 990 for Better Business Bureau Inc?
Better Business Bureau Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bbb.org
Learn more at the official website: www.bbb.org
Mission Statement of Better Business Bureau Inc
The Better Business Bureau Inc, a renowned non-profit organization, is dedicated to fostering and promoting ethical relationships between businesses and the public. Their mission is achieved through voluntary self-regulation, providing a platform for businesses to uphold honest and fair practices. This organization, based on its mission, strives to act as an unbiased mediator, setting and maintaining high standards for business behavior. Boston Better Business Bureau, specifically, is a non-profit entity that plays a crucial role in upholding these standards, ensuring that businesses engage in fair and honest transactions with the public.
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Impact
October, 2024
Better Business Bureau Inc has a significant impact on fostering ethical business practices and enhancing consumer trust. By promoting self-regulation among businesses, it encourages companies to adopt fair and honest practices, ensuring transparency in their operations. This initiative not only helps maintain high standards within the marketplace but also empowers consumers with the knowledge to make informed decisions.
Through its educational programs and resources, Better Business Bureau Inc facilitates meaningful engagement between businesses and the public. By setting clear expectations for ethical conduct, it acts as a mediator that enhances the reputation of trustworthy businesses while holding others accountable. This positive influence contributes to a healthier marketplace, ultimately leading to community improvement and a more informed consumer base in Marlborough, MA, and beyond.
This information is meant to be a general summary of Better Business Bureau Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $20,918
- Program Service Revenue: $5,501,279
- Gross Receipts: $5,522,197
Assets and Liabilities:
- Total Assets: $5,975,928
- Total Liabilities: $495,541
- Net Assets: $5,480,387
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM
Revenue
$113,011
Organization Details
Founding Year
1920
Phone
(508) 652-4844Principal Officer
Kevin J Sanders
Main Address
5 MT ROYAL AVE 100, MARLBOROUGH, MA, 017521927
Website
www.bbb.orgNTEE Category
Code: S41 - Community improvement
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